Look for Discover Financial to increase its output of credit-card bonds.Read more.
A company that specializes in renting single-family homes to low-income individuals is considering securitization as a funding option.Read more.
Pfizer wants to increase its holdings of asset-backed securities and private-label mortgage bonds.Read more.
Richard Rudder has ended one of the longest careers in securitization law.Read more.
Ares Management has two new funds in the market, both aimed at capitalizing on expectations of increasing distress in the leveraged-loan market.Read more.
Collateralized loan obligation professionals expect new-deal volume to keep shrinking.Read more.
Layoffs that claimed about a quarter of Morgan Stanley’s fixed-income group this week included a five-member team of bankers who ran the books for...Read more.
A team of 25 mortgage-product traders and salesmen is leaving regional broker-dealer Wunderlich Securities for the larger Wedbush Securities.Read more.
Asset-backed bond investors and bankers are increasingly worried that the pace of new issuance could remain sluggish well into next year.Read more.
Banks suddenly are ramping up opposition to a Bank for International Settlements guideline that could stifle secondary-market trading of fixed-income...Read more.
Responding to regulatory pressure, Santander Consumer USA is scrapping its plans for a $1 billion securitization of marketplace loans and exiting the...Read more.